Cutaways of Mark Carney Delivering Speech at The LSE

The video discusses the role of investment banking and the rare talent required in the field. It highlights significant contributions to welfare economics and social choice theory, addressing fundamental economic questions. The discussion extends to public concerns such as poverty and inequality, and how economic insights can be applied to these issues. The video also covers the role of the Monetary Policy Committee (MPC) in maintaining price stability and dealing with supply shocks, especially in the context of the UK economy post-global financial crisis.

What contributions has the individual mentioned made to welfare economics and social choice theory?

What is the significance of interpersonal comparisons in economics?

How have public concerns about poverty and inequality influenced economic policies?

What role does the MPC play in achieving inflation targets?

Discuss the impact of major supply shocks on the UK economy since the global financial crisis.